Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Deposit Rates Down in Autumn
23.09.2013 18:17
Deposit Rates Down in Autumn
Photo Credit: http://www.workle.ru

With the onset of the fall, Russian banks have dropped interest rates on retail deposits, says Vedomosti.

      The downgrade has not been significant but the trend could be bad news for Russians who’ve been spoilt by profitable seasonal offers in the spring.

      Lower rates are largely due to the efforts of the Central Bank who’s been voicing liquidity concerns.

      Sberbank’s CEO, German Gref, has recently called for a purge in the industry saying his bank has to pay for the risks caused by many other banks offering higher deposit rates. 




Author: Mikhail Vesely

Tags: Sberbank Russian banks    

Next Previous


You might also find interesting:

Net Inflow to Funds Investing in Russia Fell from $ 120 Million to $ 10 Million over the Week
14.09.2020
The First Serial Electric Car in Russia will be Available Next Year
29.11.2020
More than a Third of Russian Enterprises are Unprofitable
11.08.2020
A Bill on Limiting the Removal of Children from the Family has been Submitted to the State Duma
10.07.2020
The Growth of Online Trading in Russia Accelerated due to a Pandemic
15.07.2020



comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share


TAGS:
academic conferences  travel to Russia  Moscow Zoo  vodka production  Concerts in Kazan  St. Petersburg  Flashmob  Saint Petersburg  Amur Region  Illustration  medicine  Russian courts  Hermitage Capital  Russian business  migration in Russia  Exhibitions in Moscow  Maikop  Ticket Prices  Russian Cinema  Siberia  Valentina Gagarina  Alexander Sumarokov  Russian dancers  Russian regions  obituary  Mercedes-Benz Fashion Week Russia  Russian tourism  Moscow  Festivals in Moscow  Russian churches  Asha  shopping in Yekaterinburg  Russian oil  Moscow hotels  Cars  Far East  Valentin Yudashkin  Russian Architecture  Boris Grebenshchikov  Arts and Crafts  Russian Bears  Customs Union   New Films  Dmitry Rogozin  Ded Moroz  Narzan  Alyosha Popovich  Panorama360  Russian sportsmen  Crimea 


Travel Blogs
Top Traveling Sites